Page 7 - Cutting Back News Today

Financial group and democratic consultant chris hahn. welcome to everybody. gary b. >> thanks for having us. >> whos right? >> well, i think, you know, the right is right in this case. look, lets look at it from a few different perspectives. one, did the stimulus work or does it work? well, if the goal was and i think it was to cut unemployment, unemployment now is actually higher than it was when stimulus was first started so clearly, they get an f there. 2, as far as cutting back, you know, th...

American, and i want to talk about the middle class and many people say the disappearing middle class in just a second. but they were told for year, as you know, youre spending too much, youre spending more than you earn. credit card debt was at record levels. spending was near record lows. and now people are saying you know what, i probably shouldnt have spent all that money, i shouldnt have run up all that debt. theyre cutting back, trying to reign in spendi ispending. do we really want to go ...

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